Australian bonds tad lower on hopes of better August employment report; 10-year yield hovers near 2-week high

Sep 12, 2018 03:56 am UTC| Commentary Economy

Australian bonds traded a little lower on Wednesday as market hopes better-than-expected August employment report. Investors remained side-lined amid a muted trading day that is scheduled to witness data of little economic...

German bunds suffer after September ZEW economic sentiment improves; 30-year auction eyed

Sep 11, 2018 09:59 am UTC| Commentary Economy

The German bunds suffered during afternoon session Tuesday after the countrys ZEW economic sentiment for the month of September improved, better than market expectations as well. Investors will now be eyeing the super-long...

UK gilts slump after July employment report cheers investors; BoE policy decision in focus

Sep 11, 2018 09:00 am UTC| Commentary Economy

The United Kingdoms gilts slumped during European session Tuesday after the countrys employment report for the month of July cheered market participants. Investors will now remain focussed on the Bank of Englands (BoE)...

Hungary 2018 GDP forecast revised upwards to 4.3 pct y/y from 2 pct y/y: ERSTE Group

Sep 11, 2018 08:25 am UTC| Commentary Economy

Hungarys GDP forecast for this year has been revised upwards from 4 percent y/y to 4.3 percent y/y. Strengthening of household demand and investments should further contribute positively to this years GDP growth, according...

Australia ANZ-Roy Morgan weekly consumer confidence eases, still above average

Sep 11, 2018 07:11 am UTC| Commentary Economy

Australias ANZ-Roy Morgan consumer confidence eased 1.3 percent last week, after two straight weekly rises. Improvements in sentiment toward future finances and current economic conditions were not strong enough to offset...

USD/CNY likely to fluctuate within range of 6.70-6.90 in weeks ahead, says Scotiabank

Sep 11, 2018 05:35 am UTC| Commentary Economy

The USD/CNY currency pair is expected to fluctuate within a range of 6.70-6.90 over the coming months, with the USD/CNH pair trading at a premium to the former, with the central banks efforts managing market expectations...

Australian bonds trade nearly flat in subdued session; August employment report in focus

Sep 11, 2018 03:50 am UTC| Economy Commentary

Australian bonds traded nearly flat on Tuesday as investors remained sidelined amid a muted trading day that is scheduled to witness data of little economic significance. However, traders will eye the August employment...